Parc Central Residences

Living the actual condo life is not for everybody, but the amenities that come through condo ownership are outstanding the right person. More individuals these days are deciding to help make the move from conventional residence rental or home ownership towards the condo life. While there a few hassles associated with owning a condominium, the costs of maintaining a house can actually be quite a bit a lot more than condo fees.

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To start with, having a condo is a lot like owning your house. You have ownership in house that will potentially gain within value. An added benefit in order to owning a condo rather than a home is that there are facilities as well as services available with a condo which you may not be able to afford. Swimming pools and also tennis courts are common top features of condo life and having the ability to enjoy these luxuries without needing to worry about maintenance and maintenance in a direct fashion is extremely appealing. Another benefit to buying a condo rather than a house is not any worry to ever cut the grass or cut the hedges. Landscaping solutions are paid for out of your home owner association fees and you will not have to worry about shoveling snow or even cleaning the gutters. Numerous condos even have security guards you will not find at most house complexes. With all of the upsides associated with condo ownership, there are possible downsides to the equation too. Many condos have unique fees on top of the home loan known as homeowner association charges that are designed to cover unexpected expenses that might arise. For instance, when the front door to the complex fractures, the repairs can be protected from the group of fees gathered from all of the condo proprietors. On top of maintenance fees, some house associations charge a special insurance coverage for the complex. This does not include the contents of your property, but only the building by itself. You will need to still purchase a homeowners policy for your own belongings. Check the bylaws of the condo association to ensure you understand what your responsibilities have been in regard to the charges. In addition to the financial aspects, you need to think about how it will be to deal with all the other people in the condo. Even though you will own your rental, you have shared ownership from the common areas and you will really need to get along with the other residents. If you wish to live in peace and quiet, you should determine who your neighbors would be. Lots of families with young children or perhaps loud college kids might not be what you want. One way to find out if condominium life is for you is to request the people who already reside there. Asking questions in the current residence of the house will give you a great idea about what it really is like to live there. More than sales pitch you will get from the agent, a resident will truthfully let you know if there are any kind of unexpected fees or issues with the homeowner association’s panel. Parc Central Residences by Hoi Hup and Sunway Group. Hotline 61009266 . Get Discounts, Direct Developer Price, Brochure, Floor Plan, Price. New Executive Condo at Tampines